Answers (2)
SUMIT AGARWAL 23rd Oct, 2019

Hi Khushi,

MBA in Financial Management

MBA in Finance does not lead only to investment banks and securities firms. Corporate world has many opportunities for a finance specialisation graduate. Finance Managers can become Accounting Managers who prepare finance reports for the company, or Financial Analysts who focus on developing financial strategies and go about money management for the company.

Financial Analysis is required to perform strategic planning, managing alliances, and make every-day decisions in a management. Be it a merger or expansion of global financing, MBA in Finance can offer you a highly specialized knowledge that can accelerate the success of an individual as well as success of the organisation

For MBA Finance the following are the hot shot profiles

  • Cash Managers
  • Risk and Insurance Managers
  • Credit Managers
  • Management Consultants
  • Investment Banking Associates and later Investment
  • Bankers
  • Treasurers and Finance Officers
  • Chief Financial Officers supervise all financial and accounting operations, strategies, and policies of the company
  • The various careers and what will be their job description be like are mentioned below in the table,

P osition

Job Description

Asset Management

The primary responsibility in determining the feasibility of assets acquisition and presenting the supporting reports to upper management or board of members of the organisation.

Corporate Finance

The responsibility for identifying and securing privatisation, acquisition and merger deals, investing large monetary funds, and buying and selling financial products for their clients.

Corporate Banking

The primary responsibilities include discussing with the corporate and personal customers about their financial requirements and providing appropriate financial advice. It also includes advising corporate clients about acquisitions, capital markets, or mergers.

Credit Risk Management

The role includes the formation and implementation of policies and procedures that reduce credit risk for a financial institution - oversees the preparation of performance reports for management. The individual manages the building of financial models to predict credit risk exposure to the organization.

Derivatives Structuring

The primary responsibility is to work on derivative trading, modeling and structuring related issues.

Hedge Fund Management

The main responsibility includes assisting individuals with managing the hedge fund investments - it includes investment objectives, fee structures and liquidity provisions.

Treasury

The treasurer position is responsible for corporate liquidity, risk management and investments related to the company's financial activities.

Private Equity

The primary responsibility is to work with investment banks, mergers, acquisitions or equities divisions of a company. They are responsible to raise money from banks, high-networth individuals and private firms.


MBA in Marketing Management

The marketing department plays a crucial role in any organisation as they are responsible for bringing in new businesses, growing the revenue, increasing market share and contributing to the company’s growth and profitability. Whether your interest area lies in market research or advertising or sales/distribution of FMCG (Fast moving consumer goods), consumer durables or you’d like to work in IT sales, media, marketing of various services, internet marketing, an MBA in marketing will give you the chance to explore jobs in a wide variety of sectors.

It offers a fast paced career with huge number of challenges and growth opportunities. The various domains that a marketeer can work on are listed below,

  • Fast Moving Consumer Goods (FMCG),
  • Consumer Durables,
  • Non-Durables,
  • Advertising,
  • Market Research,
  • Media, Sales & Distribution,
  • Services Marketing

MBA marketing prepares and equips an individual to be better prepared for any business criticality. The experience of the marketeers matters the most in Marketing. Who can pursue MBA in marketing,

If an individual has dynamic personality, and is able to convince others based on his communication and influencing skills, marketing management is a dream field for them

The various job profiles that are offered in marketing are,

  • Brand Manager,
  • Project Manager,
  • Sales Manager,
  • Marketing Manager,
  • Market Research Analyst,
  • Area/Regional Manager

Having listed down the various details and important parameters of both finance and marketing, it ultimately boils down to the interest of an individual in which field he or she wants to make their career in. Thus, my advise is to go for a soul searching and make up your mind before deciding on any field.

All the very best!!

pdwords Student Expert 23rd Oct, 2019

Hello,


MBA Finance is all about numbers, so it requires a great analytical skills, they have to take decisions on how to obtain, manage and distribute funds for various projects, researching and analysing investment options, auditing financials, etc.Finance manager most certainly add a valuable worth to any business having gained knowledge in fields like data analysis, financial accounting, and finance.


On other hand, MBA Marketing is all about marketing and sale of products  and services, it requires an agile personality with great communication skills, as it's about promoting the products or services and influencing your customers and reaching the targets,one needs to be have a very good strategy to be able to do this whether it's advertising,PR or communication of any sorts.It requires an innovative mind along with an agile personality .


People with Finance degree can work in industries such as Banks, Financial Consultancies, Institutional Finance, Merchant Banking, Corporate Finance, and more, whereas a degree in the field of Marketing opens up many job avenues in Media, FMCG, Pharmaceuticals, Retail, Real Estate, Hospitality, Automobiles and other industries.


The key difference between MBA in finance and marketing is the former manages the money while the latter brings it.


It depends on your interest, skill sets and of course, the kind of job you wish to have in future, or specifically speaking if you've work experience something that adds value to your CV and is in accordance with your domain.

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